News

Paramount Skydance is approaching a key regulatory hurdle as the European Union reviews its proposed acquisition of Warner Bros. Discovery. EU approval may depend on Paramount Skydance exiting its film distribution joint venture with Universal Pictures. The potential sign off would follow approval in the U.S. and could shape how future large media mergers are reviewed. Paramount Skydance, traded as NasdaqGS:PSKY, is moving through a pivotal phase with its proposed takeover of Warner Bros...

One of the biggest media deals in history is inching toward the finish line. But first, Paramount Skydance must clear a significant hurdle in Europe. The proposed acquisition of Warner Bros. Discovery by Paramount Skydance (PSKY) is valued at $110 billion, Bloomberg confirmed. It would ...

Regulators may approve the $111 billion takeover if Paramount agrees to remedies.

Paramount Skydance (PSKY) is prepared to sell its film distribution joint venture with Universal Pic

Warner Bros. Discovery (NASDAQ:WBD) shares moved higher on Wednesday after a report indicated that European Union regulators are preparing to approve Paramount’s proposed acquisition of the media and entertainment company.

Brussels is set to approve Paramount’s $111bn takeover of Warner Bros Discovery provided the company accepts certain remedies, in a move that...

The billionaire’s private friendship with the president has helped Oracle’s business and his son’s media conglomerate.

Netflix could win back viewers with another hit series, but finding the next Squid Game or Stranger Things is expected to hurt Netflix’s profit margin.

Paramount Skydance has lagged behind the communications sector over the past year, and analysts remain unsure about its prospects.

The “Evening News” anchor has been thrust into the spotlight amid criticism of his network and its editor in chief.

In the current environment, LION's content is likely to entice one of the largest streaming firms to acquire it.

The entertainment industry is entering a definitive consolidation phase where investors prioritize digital distribution gateways over content creation.

(Bloomberg) -- Paramount Skydance Corp.’s proposed takeover of Warner Bros. Discovery Inc. just won crucial US approval — but with many hurdles remaining, traders still see opportunity to profit from how this $110 billion transaction will play out.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reache

Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.

This week of The Dealmaking 3 with “The Sports Professor” Rick Horrow breaks down three deals shaping the business of sports. MSG Sports stock has surged 101% over the past year as the Knicks won the NBA Finals for the first time since 1973, with the Dolan family now exploring a split of the Knicks and […] The post Dealmaking 3: Knicks Stock Surges 101%, PGA Tour’s Australia Bet & NBA Finals Goes Viral appeared first on CorpGov.

The unprecedented federal clearance of the massive media merger transforms the entertainment sector and creates lucrative opportunities for modern investors.

Career antitrust lawyers were leaning toward recommending a lawsuit when senior DOJ officials closed the investigation and cleared the $110 billion deal

Warner Bros. Discovery has significantly outperformed the Communication Services sector over the past year, but analysts are cautious about the stock’s prospects.

WHATS NEWS BUSINESS FINANCE Oil prices fell, bonds rallied and the Dow industrials closed at a record 51671.03 after Trump announced a deal to end the war with Iran and reopen the Strait of Hormuz. The Justice Department’s senior leadership closed an investigation of Paramount Skydance’s bid for Warner Bros.

Department staffers investigating the Warner acquisition were leaning toward recommending a challenge to the merger, people familiar with the matter say.

June S&P 500 E-Mini futures (ESM26) are up +1.22%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.99% this morning, pointing to a sharply higher open on Wall Street as oil prices sank after the U.S. and Iran reached an interim peace deal that would reopen the Strait of Hormuz.

U.S. Justice Department grants unconditional clearance for Paramount Skydance's acquisition of Warner Bros. Discovery. Approval removes a major federal antitrust hurdle, with no required divestitures or behavioral remedies. Deal still faces ongoing review from European regulators and possible legal challenges from state attorneys general. For investors watching NasdaqGS:PSKY, the unconditional clearance comes with the stock trading at $10.47. The company has seen mixed recent performance,...

(Bloomberg) -- Donald Trump will head to France for what will likely be contentious discussions with world leaders this week, but first he celebrated his 80th birthday by watching a sport that’s more brutal and bloody than politics. Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOUS and Iran Agree to Deal Halting War That Shook Middle EastTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewin

Hollywood’s domestic box office sales are tracking 13% ahead of last year at this point, and summer box office is outpacing last summer.

Sunday’s fights at the White House promise a violent show and a chance for the president to project power and reconnect with young men.

<body><p>STORY: The U.S. Justice Department's (DOJ) Antitrust Division said it has cleared Paramount Skydance Corp's planned acquisition of Warner Bros. Discovery.</p><p>It said the $110 billion transaction was unlikely to harm competition or consumers,</p><p>saying its impact "will be to increase competition across the media and entertainment ecosystem, with benefits for American consumers and workers."</p><p>Paramount thanked the DOJ for its review of the transaction.</p><p>It said the deal&nbsp;would allow the company to better compete in an industry defined by an intense scramble for audiences, talent, technology and investment.</p><p>Paramount CEO David Ellison's father, billionaire Oracle co-founder Larry Ellison, has cultivated ties with President Donald Trump.</p><p>Assistant Attorney General Omeed Assefi had said that politics would "absolutely not" drive the DOJ's review of the transaction.</p><p>The Federal Communications Commission has yet to approve Paramount's petition for foreign investors to own up to 100% of the deal's debt.</p><p>Several in Hollywood have expressed concern that the merger would result in fewer jobs and less diversity of storytelling.</p><p>Sources familiar with the matter told Reuters last week that California, New York and other U.S. states are preparing a lawsuit to block the deal.</p></body>

The deal would combine Warner Bros. Discovery’s studios, cable networks and streaming assets with Paramount’s film, TV and streaming businesses.

The Justice Department has cleared Paramount $81 billion purchase of Warner Bros. Discovery removing one hurdle for the entertainment companies’ megadeal. The department’s antitrust division said Friday that the merger would likely improve competition “across the media and entertainment ecosystem, with benefits for American consumers and workers.” The combination of Paramount and Warner stands to reshape the entertainment industry by putting two legacy movie and TV studios, as well as multiple news outlets, streaming platforms and cable networks under one roof.

The Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood.

The unconditional clearance removes the primary federal regulatory hurdle standing between the two media giants and what would be one of the largest media combinations in history. Politico's report was corroborated by Newsmax and Quiver Quantitative, each also citing people familiar with the matter, though an official DOJ press release had not been published as of this writing.